Zerodha's Nithin Kamath Cautions Against 'US Empire', Says Donald Trump's Tariffs Treat World Citizens As 'Subjects'
(MENAFN- Live Mint) online brokerage platform Zerodha's Chief Executive Officer Nithin Kamath cautioned people against the metaphorical“US Empire”, pointing at how United States President Donald trump has gone about imposing tariffs“like we are all subjects” to the ongoing system.
Also Read | Nikhil Kamath's post on Bihar in focus as FM heralds makhana board What did Nithin Kamath say?
Nithin Kamath expressed his views on the social media platform X. He focused on how newly re-elected US President Donald Trump is making big statements on“imposing tariffs,” which allegedly makes it seem that other countries are part of the“US empire”.
“The way Donald Trump has gone about imposing tariffs and making statements about other countries makes it feel like we are all subjects of the 'US empire,' if it wasn't evident till now,” said the executive.
Also Read | What did Nikhil Kamath say about the lending equivalent of Zomato?
Citing data collected from Lowy Institute, Rajah and Albayrak (2025) and the International Monetary Fund (IMF ) Direction of Trade Statistics, Kamath said China is the largest trading partner for more than 120 nations worldwide.
However, he also said that the US remains the“most powerful nation” as of the current date and questioned the new Trump administration's stance on the America First policy, and whether or not it may backfire on the nation.
“In terms of trade, China today is the largest trading partner for over 120 countries. In terms of financial and military dominance, the US remains the most powerful nation, for now. The question is, will the stance of 'America first' backfire or not?” said Kamath.
Also Read | Trump's tariff war: How India might avert damage
Also Read | Metal stocks slide up to 5% as Donald Trump imposes 10% tariffs on China
Kamath also put forth his take on the geopolitical dynamic of the world and questioned how a nation like the US can increase tariffs on others without collateral damage and still maintain its position as the“most powerful nation” in the world.
MENAFN03022025007365015876ID1109160736
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.